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Show price elasticity of demand
1.calculate the price elasticity of demand when the price was increased from R25 to R40 ? (10)
2.is a price increase the correct
6 answers
asked by
Setumbo
986 views
Determine the price elasticity of demand for a microwave that experienced a 20% drop in price and a 50% increase in weekly
3 answers
asked by
Kiki
2,867 views
The demand equation for a product is:
q=60/p + ln(65-p^3) A) Determine the point of elasticity of demand when p=4, and classify
4 answers
asked by
pebbles
2,040 views
d. Use the midpoint method to calculate the price elasticity of demand from $25 to $30. Explain whether demand is price elastic
0 answers
asked by
Fidelis
557 views
The Own price elasticity of demand for good X is -2, its income elasticity is 3, its advertising elasticity is 4, and the
1 answer
asked by
John
671 views
Information on the price elasticity of demand is particularly importatn to managerial decision making because:
A) the higher the
1 answer
asked by
Kathy
670 views
Please help with this question:
A researched estimated that the price elasticity of demand for automobiles in the U.S. is -1.2,
1 answer
asked by
Econo-missed
1,108 views
How does the price range affect the elasticity of demand for a product?
Price range has little or no effect on elasticity of
1 answer
20 views
If you are given this function: P=1000-40Q where P=price and Q=sales.....
How do you get the price elasticity of demand at a
0 answers
asked by
Dave
553 views
Show price elasticity of demand for Company XYZ’s product.
Using the following data: Price Quantity 2000 5.00 100 2001 5.25 115
0 answers
asked by
Yellow Bird
441 views